| Feb 2, 2012 12:50PM We've posed this question almost a month ago ( read more... ) and the answer is fairly similar this time around. That said, MBS prices are higher and more time has passed with the broader rates market trading in a reasonably stable range. These factors (especially the "time passing" part), if they continue, mean that we should indeed expect 3.0 production to continue ramping up. Fannie 3.5's have been by far and away, the dominant production coupon for conventional loans for several months. This... Feb 2, 2012 10:19AM Beginning the 37th month of his presidency, the Obama Administration today announced a laundry list of new programs to help struggling homeowners, crack down on abusive lending practices, make mortgage documents easier to read, convert REO to rental, and other assorted initiatives. Some require Congressional approval; others are a work in progress, and a couple can begin quickly. At the heart of the announcement is a broad new refinance program with the venerable FHA stepping in (once again) to help...
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